Investment Team Voices

Marching on as Bonds Stumble

Eli Pars
April 4, 2024

Traditional bonds came under considerable pressure during the first quarter as investors cheered the continued growth in the economy and anticipated interest rate cuts. In sharp contrast, Calamos Market Neutral Income Fund (CMNIX) demonstrated the benefits of an approach with little interest rate opportunity or risk.

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Déjà Vu … All Over Again

Eli Pars
April 4, 2024

Markets can move quickly, and static, rules-based strategies can expose investors to risks and limit upside. In contrast, we believe our active approach and decades of options experience gives us an edge. Our ability to adjust trades as conditions warrant sets Calamos Hedged Equity Fund (CIHEX) apart.

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Global Convertibles for a Surprising World

Eli Pars
April 4, 2024

We continue to find many opportunities in the new issuance market. We’ve been taking advantage of refinancing trends and have been able to invest in companies we like with higher coupons and lower conversion premiums. We’ve also initiated exposure to higher-octane companies in fast-growing areas, taking on less exposure to downside than equity investors.

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Global Convertible Market Update: Portfolio Manager Q&A

Diverse opportunities and structural features provide tailwinds to counter rising rates and equity volatility
April 4, 2022

Senior co-portfolio managers Eli Pars and Joe Wysocki discuss the diverse opportunities in the global convertible market. They explain how convertible securities can provide tailwinds to help investors counter the headwinds of rising rates and equity market volatility.

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Calamos Investment Team Outlooks, April 2021

April 19, 2021

The first quarter of 2021 delivered new challenges for investors, including rotational markets, rising interest rates and mounting inflation pressures. Senior members of our investment organization share their outlooks and discuss how they are positioning the Calamos funds to navigate the crosscurrents. With an introduction from John P. Calamos, Sr., Founder, Chairman and Global Chief Investment Officer.

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